Our pivot point is at 2.0183.
Our preference: the upside prevails as long as 2.0183 is support
Alternative scenario: below 2.0183, expect 2.0143 and 2.0120.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2.0146 and 2.0112).
Supports and resistances:
2.0357 **
2.0333 *
2.0310 **
2.0286
2.0235 last
2.0199
2.0183 **
2.0143 *
2.0120 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 06:45 UTC+1
Price reference: 2.0235 last known on 10-08-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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